WASHINGTON TRUST Co Sells 625 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

WASHINGTON TRUST Co lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 38.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 997 shares of the exchange traded fund’s stock after selling 625 shares during the quarter. WASHINGTON TRUST Co’s holdings in iShares U.S. Technology ETF were worth $159,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IYW. Good Life Advisors LLC bought a new position in iShares U.S. Technology ETF during the third quarter worth $428,000. Howard Capital Management Group LLC increased its position in iShares U.S. Technology ETF by 1.1% during the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after acquiring an additional 2,312 shares during the period. Stratos Wealth Partners LTD. increased its position in iShares U.S. Technology ETF by 12.1% during the third quarter. Stratos Wealth Partners LTD. now owns 194,375 shares of the exchange traded fund’s stock worth $29,471,000 after acquiring an additional 20,965 shares during the period. Stratos Wealth Advisors LLC increased its position in iShares U.S. Technology ETF by 3.1% during the third quarter. Stratos Wealth Advisors LLC now owns 20,091 shares of the exchange traded fund’s stock worth $3,046,000 after acquiring an additional 608 shares during the period. Finally, First Citizens Bank & Trust Co. increased its position in iShares U.S. Technology ETF by 1.2% during the third quarter. First Citizens Bank & Trust Co. now owns 9,025 shares of the exchange traded fund’s stock worth $1,368,000 after acquiring an additional 105 shares during the period.

iShares U.S. Technology ETF Trading Up 0.5 %

Shares of IYW stock opened at $165.87 on Friday. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $166.83. The firm’s fifty day simple moving average is $161.93 and its 200 day simple moving average is $154.90. The firm has a market capitalization of $20.38 billion, a P/E ratio of 38.84 and a beta of 1.43.

About iShares U.S. Technology ETF

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).